Fifth & West sits a few blocks north of the lake, between the Seaholm District and West Sixth Street, with the Whole Foods Market flagship and Treaty Oak close by.
I've toured and shown homes in every downtown condo tower, including Fifth & West. This page pulls together the facts buyers ask about first, followed by the homes currently for sale in the building.
Building facts | |
|---|---|
Address | 501 West Ave., Austin, TX 78701 |
Area | Seaholm area, at Fifth Street and West Avenue |
Completed | Late 2018 to 2019 |
Stories | 39 |
Homes | 154 residences |
Developer | Riverside Resources |
Design | GDA Architects with Michael Hsu Office of Architecture |
Distance to the Butler Trail | About 1,590 feet, straight-line, by City of Austin map data |
Where public sources disagree on story or unit counts, a range is shown.
Fifth & West has:
Confirm current amenities, hours and any fees with the association before you buy. If you own here, a well-run amenity floor is part of what you're selling, so show it off in your listing photos.
Albert's Take
Standout amenity: A dog park and pet spa built for large and small breeds, plus a guest suite you can reserve for visitors.
Rentals: Leasing rules come from the HOA, so check lease minimums and any leasing cap before you buy as an investment.
Nearby: The Whole Foods Market flagship at Sixth and Lamar and the West Sixth Street dining scene are a few blocks away.
Views: It sits farther from the lake than most towers here, so views depend on floor and direction. Ask what's planned on nearby lots.
Selling here: Pet owners are a big part of this building's buyer pool, so feature the pet amenities in your listing.
Seaholm puts Trader Joe's, the Austin Central Library, the Shoal Creek Trail and the Pfluger Bridge within a few minutes' walk. Honest Mary's opened at 222 West Ave. in July 2026, and the Whole Foods Market flagship at Sixth and Lamar is a few blocks north.
J Carver's Oyster Bar & Chophouse at 509 Rio Grande is a short walk east.
Fifth & West is in Austin ISD. A sample address here was zoned to Mathews Elementary, O. Henry Middle and Austin High for 2026-27, according to the Austin ISD School Finder. Austin High offers four academies with placement by lottery, and Kealing Middle's magnet program is open by application. Confirm zoning for the exact unit.
If you already own here, the same list is your prep sheet for selling: request the resale certificate early, gather your parking and storage documents, and keep receipts and permits for any upgrades so buyers can see what they're paying for.
Current Fifth & West listings appear below. Compare it with other towers in our Downtown Austin condo buildings guide, or browse all Downtown Austin condos for sale.
Leasing and short-term rental rules at Fifth & West are set by the condominium declaration and the association's rules, and I couldn't confirm the current rules from a public source. In my experience, many downtown associations require a minimum lease term, cap how many homes can be leased at once (often no more than about 10% of units) and prohibit stays shorter than 30 days. If you plan to lease, read the declaration, the rules and the resale certificate before you buy.
The City of Austin also licenses short-term rentals. Under rules that took effect Oct. 1, 2025, an individual may operate the greater of one unit or 10% of their units in a multifamily property, or 25% at sites with four or more units and a commercial use, according to the City. A City license doesn't override a building's own ban.
The same rules matter when it's time to sell. Investors ask about leasing first, so owners who have the current rules and any leasing permit status in hand can answer that question on day one instead of losing a showing to it.
Looking to Sell?
What is your Fifth & West condo worth?
I'll prepare a complimentary home valuation based on recent sales in the building and the details buyers pay for here: floor, view, parking and updates.
Albert Allen is an Austin native and Luxury Real Estate Advisor with Compass, with more than a decade of experience helping clients buy and sell across Austin.
Albert represents buyers and sellers in Fifth & West and throughout Downtown Austin's high-rise condos. Schedule a Walk & Talk, request a home valuation or ask about private listings.
Fifth & West is at 501 West Ave. in the Seaholm area, at Fifth Street and West Avenue part of Downtown Austin, ZIP code 78701.
Fifth & West was completed in late 2018 to 2019 and has 39 stories, with 154 residences.
Check the declaration and rules for the current policy. Many downtown associations prohibit stays shorter than 30 days and limit how many homes can be leased, and City of Austin licensing rules apply on top of any HOA rules.
About 1,590 feet to the Butler Trail, measured straight-line with City of Austin map data. Walking routes are longer.
Compare Fifth & West with the other condo towers downtown, or see them side by side in our Downtown Austin condo buildings guide.
Browse All Downtown Austin Condos
Sources: Council on Tall Buildings and Urban Habitat; developer, architect and builder project pages; hotel operator pages where applicable; Texas Department of Licensing and Regulation; City of Austin (GIS address points and trail data, short-term rental program, Ordinance 20250911-012); Austin ISD School Finder (checked Nov. 8, 2026); The Trail Conservancy; Austin Monitor; Community Impact; KVUE; CBS Austin. Building facts may differ slightly from HOA records. Albert Allen, REALTOR®, Compass RE Texas, LLC. Information is believed reliable but not guaranteed. Photo: Fifth & West, 2019, by Pixelsandbacon, CC BY 4.0, via Wikimedia Commons.
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